词汇 | non-recourse |
释义 | non-recourse adjective[ before noun ] (alsononrecourse)ukus FINANCE used to describe a loan in which the lender has the right to take only the asset bought with the loan if it is not paid back, and does not have the right to take any other assets: non-recourse debt/loan/mortgageThey financed the $1.2 million purchase with a non-recourse loan. Examples of non-recoursenon-recourse They want it in the form of a royalty if they are to lend money on a non-recourse basis. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 A company borrowing on a non-recourse basis has to offer a reasonable interest rate plus a return on profits to cover the risk element. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 In the first place, we must make up our minds upon the principle of non-recourse to force. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 We are entitled to ask how that fits in with the basket 1 principle of non-recourse to the threat of the use of force. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 I refer to the expansion of the non-recourse powers available to local authorities whether for planning or compensation. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 We certainly need to end the use of non-recourse powers exercised by many statutory bodies, where there is no effective right of appeal or compensation for losses. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 It specialized in non-recourse loans collateralized by tangible personal property. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In some states, antideficiency statutes provide that mortgages secured by personal residences are non-recourse against the borrower. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Thus, non-recourse debt is typically limited to 50% or 60% loan-to-value ratios, so that the property itself provides overcollateralization of the loan. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. A non-recourse factor assumes the credit risk that an account will not collect due solely to the financial inability of account debtor to pay. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Further, the nature of the loan (recourse or non-recourse) is also insignificant for purposes of determining basis. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Junior tranche investors achieve a leveraged, non-recourse investment in the underlying diversified collateral portfolio. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This money is true non-recourse funding, in that if the case is lost, you owe the consumer legal funding company nothing. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Yet, research into the structure of the program shows that the overbidding incentives in non-recourse loans are subtle. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In short, many jurisdictions hold that the loans obtained at the acquisition of a property (purchase-money) are non-recourse, and most if not all subsequent loans are recourse. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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